The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.

99.And finally, these three people who got dealt the same poker hand (and showing with notes that the odds of that happening ...

U.S. stock futures point lower, Walmart stock sinks on soft outlook, and Alibaba shares jump as results beats expectations. Here's what investors need to know today.

New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...

Stocks moved lower on Thursday, a day after the S&P 500 hit a fresh all-time high, while retail giant Walmart slid after ...

The euro fell slightly against the dollar as investors shifted their focus to recent developments in Ukraine peace talks and the impact of Trump tariffs on eurozone. Read more.

Apple partners with Alibaba to boost iPhone sales in China, addressing declining market share and competition from Huawei.

Chinese leader Xi Jinping ‘s remarks at an event signaled that Beijing wants to repair business confidence after years of crackdowns.

while surging 8.1% in New York overnight. On Thursday, the company announced that net income jumped 333% to 49 billion yuan in the final three months of 2024 thanks to income from operations and ...

China's central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability ...

The gross domestic product of 27 Chinese cities surpassed 1 trillion yuan ($137.87 billion) in 2024, according to People's Daily overseas edition on Monday. Shanghai, China's financial hub ...

TENCENT (00700.HK)(TCEHY.US) Tencent Yuan Bao's foundation model official said that all users of its deep thinking model "Hunyuan T1" can have unlimited access to the model. Tencent Hunyuan T1 and ...